IATF 16949 – Setting the bar higher for Customer Satisfaction and Quality Management. IATF 16949, or International Automotive Task Force, is a standard that establishes requirements for a Quality Management System: it provides guidance and tools for companies who want to guarantee that their products and...
Hedging for non-convertible currencies? Learn more about Non-Deliverable Forward Contracts. A Non-Deliverable Forward (NDF) contract is an alternative way to hedge a foreign exchange (FX) exposure against a currency that is not convertible. Some countries’ monetary authorities impose restrictions on their currency’s convertibility in order to...
Meet Alice, the battery-powered plane that could herald the age of electric air travel Written by Elaine Thelen, Writer, Formative Content Every minute, 84 flights take off worldwide. Last year, more than 4 billion journeys were made by plane. Air travel underpins trade, tourism and economic growth, but it is also a...
3 Lessons Supply Chain Professionals Can Learn From NASA Writer Martin Verwijmeren Resilience, Agile Strategy, and Innovation Sunday, July 20, 1969, went down as one of the most momentous days in history when the first humans successfully set foot on the moon. Hundreds of millions of awed and enthused people tuned...
Tax Incentives for Your Business – Are you Eligible? Did you know that the federal government provides tax breaks for businesses that use minority companies in procuring materials and supplies? And there is also a second tax incentive that reduces tax liabilities for companies using minorities...
China Tariffs – Now What? There is no end in sight for the tensions between the U.S. and China: the latest developments shows neither Trump nor Chinese President Xi Jinping are willing to back down: “The U.S. will start, on September 1st, putting a small additional Tariff...